All students are expected to read the assigned chapters in the text or any material before class. The class schedule and a list of the assigned readings follow the grading policy. As the semester progresses, I will supplement more handouts that are to be read prior to every class or discussion. If you miss class some interesting things may also slip away. Students also have to read and research for their homework or assignments. Plan yourself and time carefully from the very beginning of the course before you countering read shocks or frightening.

Grading Policy
Your course grade will be based on a total of 100 possible points: Classroom participation and attendance
(10%)
Assignment
(20%)
Quizzes
(10%)
Midterm Examination
(20%)
Final Examination
(40%)
Total
(100%)

Your final grade will be based on your performance in homework/ assignments, quizzes, class participation and exams. Please note the dates of the exams listed on the course outline. There will be no makeup exams. An unexcused absence from an exam will be counted as a failure for that exam. Two unexcused absences from exams will be counted as a failure for the course. There will be no extra credit assignments.

The final exam takes the form of two-hour and closed book exam, unless otherwise specified by the instructor, in which will be held in week 18th. However the specific date for this exam will be notified later. The midterm exam will be held in one hour basis and in your regular class during the week 8. There will be periodic quizzes, which are in very two weeks. Quizzes will be announced one week in advance. The quizzes will be given at the end of the class and each quiz will take no more than 15 minutes. The quizzes will generally consist on multiple-choice questions. The lowest grade will not be considered for the computation of your final grade. Performance on these quizzes, as well as your contributions to daily dialogue in class, will be factored into your class participation grade. They will also be used to check class attendance.

...
Course: Executive Master Program in Business Administration.
Duration: 1 Year
Semester I – FinancialManagement
Section A
Part One
Multiple choices:
Q1. a. Ignored non-corporate enterprise
Q2. c. Redeemable preference shares
Q3. b. Domestic risk
Q4. a. Future cost
Q5. c. Designing optimal corporate structure
Q6. d. Cost of capital
Q7. d. Agency cost
Q8. a. Legal requirement
Q9. b. Default risk
Q10. a. Beta
Part Two
Q1. Annuity is fixed sum of money paid every year in at any other fixed interval shorter than a year. This annuity may be way of return of some principal plus interest payment of against money invested or by way of payment of other dues such as pensions after retirement. In any case it represents out flow of cash from one account to in flow of cash to another account. In this way all annuities involve movements of cash or funds. Therefore all annuities are cash flows that can be suitable represented in cash flow statements. An annuity will be represented as inflow of cash in the cash flow statement for the recipient of annuity and out flow of cash in the cash flow statement of the person or firm paying out the annuity.
Q2. Portfolio risk refers to the combined risk attached to all of the securities within the investment portfolio of an individual. This risk is generally unavoidable because there is a modicum of risk involved in any type of investment, even if it...

...and science of managing financial and real assets
The processes, institutions, markets, and instruments involved in the transfer of money between individuals, businesses, and governments form the foundation of the study of finance
Career Opportunities in Finance
There are three areas of the opportunity for finance graduates.
Financial Institutions
Banks, Insurance Companies, Mutual Funds, and Investment Banks
The following skills are important:
Valuation techniques
Interest rate models
Regulations
Types of financial instruments
General business administration
Communications
A common entry-level position is bank officer trainee
This include learning teller operations
Cash management operations
Making loans
May become a branch manager or a specialist in one of many areas.
Investments
Often starting in brokerage houses in Sales, Security Analyst or Financial Planning
Others work in banks, mutual funds, insurance companies, or financial consulting firms.
The main functions are sales, security analysis, and management of investment portfolios
FinancialManagement
This is the largest area of the 3 with opportunities in financial institutions, industrial and retail firms. Also, there are opportunities in government and non-profit organizations.
Responsibilities include deciding credit terms level of...

...﻿Financialmanagement
From Wikipedia, the free encyclopedia
FinancialManagement means the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not only seen in the 'Line' but also in the capacity of 'Staff' in overall administration of a company. It has been defined differently by different experts in the field.
It includes how to raise the capital, how to allocate it i.e. capital budgeting. Not only about long term budgeting but also how to allocate the short term resources like current assets. It also deals with the dividend policies of the share holders.
Definitions of FinancialManagement[edit]
“FinancialManagement is the Operational Activity of a business that is responsible for obtaining and effectively utilizing the funds necessary for efficient operation.” by Joseph Massie
“Business finance deals primarily with rising administering and disbursing funds by privately owned business units operating in non-financial fields of industry.” – by Prather and Wert
“FinancialManagement is an area of financial decision making, harmonizing individual motives and enterprise goals.” By Weston and...

...managing money. It includes financial service and financial instruments. Finance also is referred as the provision of money at the time when it is needed. Finance function is the procurement of funds and their effective utilization in business concerns. The concept of finance includes capital, funds, money, and amount. But each word is having unique meaning. Studying and understanding the concept of finance become an important part of the business concern.
Financialmanagement is an integral part of overall management. It is concerned with the duties of the financial managers in the business firm. The term financialmanagement has been defined by Solomon (2004) “It is concerned with the efficient use of an important economic resource namely, capital funds”. The most popular and acceptable definition of financialmanagement as given by S.C. Kuchal (2006) is that FinancialManagement deals with procurement of funds and their effective utilization in the business”. Howard and Upton (2003) Financialmanagement “as an application of general managerial principles to the area of financial decision-making. Weston and Brigham (2003) Financialmanagement “is an area of financial decision-making, harmonizing individual motives and...

...FinancialManagement
APC308
Individual assignment
Weighting – 100% of the marks for this module
This is an individual assignment of about 3,000 words.
Requirements:
You are the senior financial manager in a large listed company, Carr plc. The directors of the company have identified a potential project, which they hope will be successful in increasing the wealth of the shareholders. The project will involve the purchase of new machinery costing £120 million with a life of 6 years, estimated scrap value of £15 million and net cash inflows over the life of the machinery of £35 million for the first three year and £30 million for the last three years. The companies cost of capital is currently 12%.
Little surplus exists within the company to invest in all the potential ventures and, due to limited funds and the board understands that to carry out any of the proposed projects will require them to raise all of the money through increased debt and this will increase the gearing of Carr plc to quite a high level.
As such you are required to produce a report critically addressing the above issues. In doing so the report should cover the following key elements:
1. Calculate the NPV, IRR and payback of the proposed project assuming the money can be raised at the current cost of capital and discuss the usefulness of these models of investment appraisal. (50%)
2. Critically evaluate the...

...CONTENTS
1. Introduction
2. Financialmanagement policies and structures
1. Capital investment decisions
1. Financial decisions
2. Dividend decisions
3. Investment decisions
3. Working capital management
4. Risk management
5. Strategic decisions
6. Social, ethical and environmental decisions
7. Evaluation of usefulness of Hermes principle
Appendices
1) Retail gearing
2) Share
3) Dividend paid
4) Business model
5) Profitability
6) Working capital cycle
7) Revenue
8) Bibliography
FROM: Itayi Mutete
TO: Neil
SUBJECT: An Investigation of Marks and Spencer and the Hermes principles
DATE: 11/04/08
1. Introduction
Marks & Spencer Plc (M&S) is an international retailer which is currently operating in 34 countries and has established over 600 UK stores as well as over 219 franchise stores. The company trades in clothing, home furnishings and foods. The company’s corporate objective is to increase long-term shareholder wealth.
The aim of the report is to evaluate the financialmanagement policies and practices of Marks and Spencer plc (M&S). Hermes principles will be used to identify the main areas of the company’s financialmanagement policies and practices.
The primary goal of companies is to ensure that they make...